Mixed-Use Corner Property in Long
2338 Pacific Avenue Long Beach, CA 90806
2338 Pacific Avenue, Long Beach, CA, 90806
$1,150,000
For Sale
$1,150,000
Mixed-use property in Long Beach with 3,284 SF improvements.
Property Size3,284 SF
Lot Size0.18 Acres
Price / SF$350.18
Days on Market134
Property Features for 2338 Pacific Avenue
General Information
- Standard status
- Active
- Size
- 3,284 SF
- Lot size
- 0.18 Acres
- Property subtype
- Mixed Use
Listing Agency
Coldwell Banker Commercial BLAIR
(562) 400-5949
Listed by
Sheva Hosseinzadeh · License #01922147
(562) 400-5949
Source
Cbcworldwide
Added: Mar 5 Checked: Apr 9 at 9:00 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial BLAIR
Investment Insights
Based on property information with market context.
Located on the corner of Pacific Avenue and Eagle Street in Long Beach, this mixed-use property offers approximately 3,284 square feet of improvements on a 7,787 square foot lot. The property is positioned in the heart of Long Beach.
Key Highlights
- Located in the heart of Long Beach.
- Prominent corner lot location at Pacific Avenue and Eagle Street.
- Mixed‑use opportunity.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.8k | $24.00 |
| − Vacancy | −$5.9k | −$1.80 |
| EGI | $72.9k | $22.20 |
| − OpEx | −$27.3k | −$8.33 |
| NOI | $45.6k | $13.88 |
3,284 SF · lease $24.00/SF/yr · vacancy 7.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$650.9K
$569.6K – $759.4K
NOI $45,566 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,077 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Slapperz.co
Clothing & Fashion Store
UPS Access Point ...
Courier Service
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Long Beach with 3,284 SF improvements.
Where is this mixed-use property located?
The property is located at 2338 Pacific Avenue Long Beach, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Located in the heart of Long Beach.; Prominent corner lot location at Pacific Avenue and Eagle Street.; Mixed‑use opportunity.
